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Nonprofiteer
← TIMOTHY J TUOMEY TRUST

Form 990 for tax year 2023

Filed by TIMOTHY J TUOMEY TRUST.

Totals

Total revenue
$216,432
Total expenses
$307,545
Contributions and grants received
$0
Grants paid
$224,089
Program service revenue
$0
Investment income
$216,432
Other revenue
$0
Total assets, end of year
$10,446,736
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$10,446,736
Program services expenses (Part IX)
$232,213
Management and general expenses
$75,332
Fundraising expenses
$0
Program service expenses (Part III)
$232,213

Program services were 75.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $216,432 · excluded $216,432

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $224,089 · program services $224,089

  • 5 · Compensation of officers, directors and key employees

    total $6,000 · program services $6,000

  • 11f · Fees: investment management

    total $74,886 · management and general $74,886

  • 11g · Fees: other

    total $400 · program services $0 · management and general $400 · fundraising $0

  • 13 · Office expenses

    total $46 · management and general $46

  • 23 · Insurance

    total $2,124 · program services $2,124

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,236 · end of year $5,667

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $8,590,794 · end of year $10,441,069

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $8,595,030 · end of year $10,446,736

Mission and programs · 2023

Mission

TO PROVIDE SUPPORT TO PRISMA HEALTH TUOMEY BY TRANSFERRING ALL INCOME OF THE TRUST TO THE TUOMEY FOUNDATION.

Activities or mission (Part I)

FINANCIAL SUPPORT FOR PRISMA HEALTH TUOMEY THROUGH THE TUOMEY FOUNDATION.

  • FUNDING OF PRISMA HEALTH TUOMEY'S ACTIVITIES (UNDER THE TRUST AGREEMENT). EXCESS OF REVENUES OVER EXPENSES IS TRANSFERRED TO THE TUOMEY FOUNDATION. ANY GAIN ON THE SALE OF CORPUS ASSETS IS REINVESTED.

    Expenses $232,213 · Grants $224,089

As filed on the 2023 return.

Listed in Part VII

  • Jack James

    TRUSTEE

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.4

  • M David Shaw

    TRUSTEE

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.4

  • W T Fort Jr

    TRUSTEE

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.4

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202502259349302505

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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